Mobile company gets 15 more years for $291 million

The largest cellular company of the world, Orascom Telecom Holding (OTH) has agreed terms to pay the sum of $291 million to renew Mobilink license, a branded Pakistani GSM subsidiary of the country.

‘The company has given additional 15 years starting after the expiry of its current license in July 2007 and ending July 2022′, an official in Pakistan Telecommunication Authority (PTA) said Monday…